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now, president clinton was the there, i was there. they didn't come to see me, of course. they came to see not president clinton, they came to see jim webb because he was doing the impossible. he had captivated the voters. he was unafraid. he spoke his mind. and, oh, what a smart man. i'm -- i marvel at the intelligence of jim webb, his ability to learn and to express his ideas. as i said, he captivated the voters. that's really why he won the race that he should have been able to win. once he was elected, it was a marvel to watch. he believed he could change the world. he did change several corners of the world. let me give one example. he was a new senator and he came to me, he said, i have an idea. now, jim webb isn't a person who just focuses on an idea and walks away from it. when jim webb came to see me, he had the legislation that he had drafted. wasn't sent to some bill drafter to have them look it over. he drafted the legislation himself. what did he want to do? he wanted to introduce a post-9/11 g.i. bill of rights, because the one for the second world war and ko
now, president clinton was the there, i was there. they didn't come to see me, of course. they came to see not president clinton, they came to see jim webb because he was doing the impossible. he had captivated the voters. he was unafraid. he spoke his mind. and, oh, what a smart man. i'm -- i marvel at the intelligence of jim webb, his ability to learn and to express his ideas. as i said, he captivated the voters. that's really why he won the race that he should have been able to win. once he...
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Dec 5, 2012
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it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported a family by day. he became a c.p.a., and after he got his bachelor's, he went at night to a place called brooklyn law school, where he got his law degree in five years. i was about ten. this is america. he was able to do that. and when he was a c.p.a., he would oversee everybody's taxes in the family. and i was a kid, and i got my first job working for a long time. i was a telephone operator for hilton hotels one summer. i'll never forget it. i was not good at it. i kept putting the -- those wires into the wrong places. but i managed to get through. and
it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported...
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Dec 4, 2012
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he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said ea
he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average...
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Dec 4, 2012
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. >> this president clinton have any remarks were suggestions to president obama through their golf game on the fiscal cliff? >> for reasons that would be apparent to anybody who's seen me sitting at golf club i was not there and therefore do not know. [inaudible] >> and a president obama enjoyed the session, but beyond that i don't have anything else for you. [inaudible] >> can you give us more detail about who will be here, how many end the dialog does not already part of the conversation? >> the president looks forward to the meeting. i think we will have details on that later this evening. i don't have a list for you. >> in concept, talk about what experience governors have, what is hoping to hear every day. >> governors have a lot at stake in this process. they've been interesting seeing washington get its fiscal house in order. they see action to ensure that the economy continues to grow. governors broadly speaking having an interest in washington making wise investments and rebuilding our infrastructure. they obviously have a stake in our health care entitlement programs including
. >> this president clinton have any remarks were suggestions to president obama through their golf game on the fiscal cliff? >> for reasons that would be apparent to anybody who's seen me sitting at golf club i was not there and therefore do not know. [inaudible] >> and a president obama enjoyed the session, but beyond that i don't have anything else for you. [inaudible] >> can you give us more detail about who will be here, how many end the dialog does not already part...
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in fact, secretary clinton has recently said that mali has now become a powder keg of potential instability in the region and beyond. the top american military commander in africa, general carter hamm, said publicly just this week that al qaeda's operating terrorist training camps in northern mali and providing arms, explosives and financing to other terrorist groups in the region. so i believe it's critical that the united states have a strong and comprehensive policy to deal with this threat. i'm concerned that the current u.s. approach may not be forward leaning enough to address all three crises -- security, political and humanitarian -- in a coordinated, comprehensive and effective way at the same time. given the compelling u.s. interest in stability and security and good governance in mali, we must ensure we don't miss the bigger picture of what this situation means for the future of mali, to our allies, and to our security. the u.n. security council is now considering what they call a concept of operations for an african-led military operation. the u.s. can and should play a more act
in fact, secretary clinton has recently said that mali has now become a powder keg of potential instability in the region and beyond. the top american military commander in africa, general carter hamm, said publicly just this week that al qaeda's operating terrorist training camps in northern mali and providing arms, explosives and financing to other terrorist groups in the region. so i believe it's critical that the united states have a strong and comprehensive policy to deal with this threat....
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Dec 5, 2012
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secretary clinton took action. she said we will deny them the opportunity of coming to america. we had that authority. the secretary of the treasury has certain authority to deny the rights of our banking system. so we have -- our agencies have the inherent authority to block human rights violators from coming to america or using our banking system. should we legislate to make that clear? absolutely. absolutely. should we pass legislation that's global? absolutely. and i hope we'll do that. today we have the opportunity to make a major advance. to establish the standard in statute that we expect will be honored internationally, globally, to provide the tools to act against russia because this is a pntr-russia bill. we'll be able to do that. we also have the tools in place to be able to take further action. so what i said earlier i think is absolutely true. this is the end of a chapter of u.s. leadership. i can tell you when senator jackson and congressman vanik suggested the use of trade as a leverage to block trade with countries, that they didn't respect a basic human right of
secretary clinton took action. she said we will deny them the opportunity of coming to america. we had that authority. the secretary of the treasury has certain authority to deny the rights of our banking system. so we have -- our agencies have the inherent authority to block human rights violators from coming to america or using our banking system. should we legislate to make that clear? absolutely. absolutely. should we pass legislation that's global? absolutely. and i hope we'll do that....
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Dec 4, 2012
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japan and china are having to square off about five uninhabited islands, and hillary clinton just received a confidential report that involves steve hadley, joe nye, and another one i can't quite recall for a moment, who said this could slip into a war. this could slip in the hot conflict. we need to be prepared under article v of the peace treaty, the united states is obligated not necessarily to run to japan's defense but to consult with japan. now have to decide what consultants in particular. but you have had enough time. china is boycotting japan and form across a lot of sectors. i'd love to get a sense of what you think china's game plan is both regionally and internationally. japan has been, you've been there right next to china for a long time and you've been poking each other back and forth for a long time. to let me teach her quick snapshot issue of how you seek china's direction. >> i think this is, i think this is not a short time phenomenon. from the viewpoint, china on the island, diplomatic issue, this program with china, they started to claim the island in 1971 after the un
japan and china are having to square off about five uninhabited islands, and hillary clinton just received a confidential report that involves steve hadley, joe nye, and another one i can't quite recall for a moment, who said this could slip into a war. this could slip in the hot conflict. we need to be prepared under article v of the peace treaty, the united states is obligated not necessarily to run to japan's defense but to consult with japan. now have to decide what consultants in...
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Dec 4, 2012
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bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, the republicans resorted to a parliamentary technique, budget reconciliation, a maneuver that allowed for passage of their tax cuts but forced them to expire after 2010, at the end of the ten-year budget window. so we scroll forward to 2010. as 2010 ended, president obama and many democrats in congress, including myself, wanted to extend the tax cuts for middle-class families but let rates on income above $200,000 for an individual and $250,000 for a family revert to the clinton era levels. our senate republican friends filibustered that effort, refusing to allow the middle-class tax cut without a tax cut for the highest incomes as well. their hostage strategy worked that time and the president and senate democrats reluctantly agreed to extend the tax cuts for two more years. so now the two years is up and these tax rates are again set to expire. t
bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, the republicans resorted to a parliamentary technique, budget reconciliation, a maneuver that allowed for passage of their tax cuts but forced them to expire after 2010, at the end of the ten-year budget window. so we scroll forward to 2010. as 2010 ended,...
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Dec 2, 2012
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first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio and there is it chris christy might be one. in jeb bush. >> in fact there is it a deep bench i think on the republican side. there is it a lot of the people who would be possibly . who will want to come forward. it might be and it is possible 2016 will be a fracous on the republican side and a stately walking toward the coronation on the democraticic side. i say that within the context of knowing that four years of history can turn a number of things on their head. >> what about a third party candidate. earlier this year. 30 percent of people said they were republicans and demcreates and rest indepen
first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio...
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>> i think he's done a great job as i think the clintons did, and raising two young girls. under very intense bubble, for himself personally but also the with gigabytes of his time. from what i've read he's never missed a parent teacher conference. if the president of the nfa of the net states and never misses a parent teacher conference, none of us should either. [inaudible] >> i've never said that. what i said is there is no parallel between fidel castro and barack obama or any american politician. fidel castro has never been elected to anything. never run for office. that's not anytime what i've ever said. i can tell you i don't parallel between places of government dominate the economy. but cuba goes well beyond the. cuba is not just about government dominate the economy. cuba is about getting beat up on the side of the churchhe has you dare to speak out against the government. that doesn't happen you. so i'm not anyway drawing parallels. [inaudible] >> i don't know if that's a way to put it. i think our future economic options have been diminished by some of the choice
>> i think he's done a great job as i think the clintons did, and raising two young girls. under very intense bubble, for himself personally but also the with gigabytes of his time. from what i've read he's never missed a parent teacher conference. if the president of the nfa of the net states and never misses a parent teacher conference, none of us should either. [inaudible] >> i've never said that. what i said is there is no parallel between fidel castro and barack obama or any...
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Dec 5, 2012
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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...
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Dec 4, 2012
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this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98% of families and 97% of small businesses from painful tax increases by asking the top 2% to pay a little bit more. the republicans' plan, on the other hand, is more of the same. not only does 2 balance the budget on the backs of the middle class, it voids our promise to seniors with steep cuts to social security and medicare, all to pay for even more handouts to the rich. at least we now know where they stand. republicans have sought to cover by invok invoking erskine bowle' name. he has disavowed their plan. we're glad to see the republicans join in the negotiating process. while their proposal may be serious, it's also a nonstarter. they know any agreement that raises taxes on the middle class in order to protect mo
this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98% of families and 97% of small businesses from painful tax increases by asking the top 2% to pay a little bit more. the republicans'...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because there is no other standard flng over that field. there is a speaker of the house to is simply saying, this is not right. you know, we are not at the table and complainingbut not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are payi about 40 percent of the income tax. the top 25 percent are paying 87% of the income tax. it does not get any better than that. this is under the bush tax rates. you eliminate those tax rates and you will get le
he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because...
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Dec 6, 2012
12/12
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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Dec 10, 2012
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dialogue with iran and i would even go back to the '90s, and i think that was also a mistake of the clinton administration, when they had the double containment, which i never thought made much sense. but the fact is that both parties have taken positions that have made it extremely difficult now to achieve negotiations. however i think rick is right. in my opinion, there is a solution out there, but we have an effect locked ourselves in and they have locked their selves and politically in a way that's going to make it very difficult. >> let's hope lets hope that you are both right in the solution that is out there somewhere. >> hi, my name is james wilson and i work in the historian's office in the united states series with my colleague elizabeth charles. we are putting together volumes of primary documents on the soviet union and arms control and you can actually look through a number of the old office files in the number of people in this room of great historical interest. my quick question is that in january 1989, new administration comes in and there are a number of people who had been
dialogue with iran and i would even go back to the '90s, and i think that was also a mistake of the clinton administration, when they had the double containment, which i never thought made much sense. but the fact is that both parties have taken positions that have made it extremely difficult now to achieve negotiations. however i think rick is right. in my opinion, there is a solution out there, but we have an effect locked ourselves in and they have locked their selves and politically in a...
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then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine percent support simpson bowles doesn't this tell us something about the whole lane and americans are and how they want to agree with that nice fellow who's asking the question you think you think that was i want to look smart i think if the issue is that they want to look smart they want to look like they're in the know yes i can remember going there is nothing about this a lot of people are busy raising kids watching t.v. working and they want to participate in politics and they go no i can't agree with you and as a result of thirty five years or greater nomics both people the family are working they're
then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine...
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Dec 7, 2012
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the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their foreign minister met yesterday with secretary clinton, discussing the possibility of a syria without assad in power. this morning, rebels have declared damascus's airport a military target, warning civilians and airlines not to approach it. >>> and in egypt, tanks and barbed wire barricades returned to the streets of cairo as deadly protests raged outside the presidential palace. egyptian president mohamed morsi is calling for a national dialogue but is resolute about his controversial constitution. nbc's ayman mohyeldin is joining us live from cairo monitoring the situation. let's start with egypt. how much more troub
the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their...
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secretary clinton moved widely throughout the region as does secretary panetta. and the amount of activities that i do and my forces do have been a prompt jump in what we've done in the past, and we're looking for opportunities to do more exercise. we're doing more of those things already. i think it's visible to our allies. i think it's visible to our partners. not to be invisible to the region. we also want to jump, where's the next summary our aircraft carrier, that's always the sake of. and we will, over time as you heard secretary panetta said, we will rebalance our navy towards the pacific, and i party mentioned in my opening remarks, we are rapidly moving our most capable assets in the region because of some of the ballistic missile defense will be facing of those types of things. so i think it's not about one thing. it's about a holistic approach, and what if you on the military side is only one aspect of a. it's got to be tied to what's happening in the economic side in what's happening in the diplomatic side. and so we're working hard with a whole of go
secretary clinton moved widely throughout the region as does secretary panetta. and the amount of activities that i do and my forces do have been a prompt jump in what we've done in the past, and we're looking for opportunities to do more exercise. we're doing more of those things already. i think it's visible to our allies. i think it's visible to our partners. not to be invisible to the region. we also want to jump, where's the next summary our aircraft carrier, that's always the sake of. and...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want to turn your tall ends to educate the people on economics of country. >> that is what i do as a mortal on this follow show and on fox business network each day, jay every day, without a super her overoutfit. >> and i often watch with my dad and i think you are funny but i wonder, was he an odd kid? you seem like you would have done some odd things? >> well, if you call always worrying about the planet trying to say that the odds, well, guilty. >> kathy from hotmail, i love you, not in a romantic we because you saw it as it is. why not run for budget? i was too busy being a super hero, leaving mere mortals to lead. >> from north
. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counterfers dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal liff. i think that the speaker has indicated that he will try to engage in, t to meet him and try to avoid the fiscal cleft that the presiient is gng to continue to say it is my way or the highway, that is another game. gei: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right...
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we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of leadership. >> he may not get it but he's right to argue that way the republicans have been doing this has been irresponsible. let's get this done in the way our democracy has worked the for hundreds of years. not this new extraordinary thing. i think he's right to put pressure on the republicans. megyn: i thought it was the democrats trying to make this part of the deal to head off -- to stop us from going off the fiscal cliff. they said by the way we need to raise the debt limit and this new proposal of eliminating congress from the process of raising the debt limit. >> senator mcconnell has
we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of...
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on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be severe and difficult to reverse. causing consumers and businesses to retrench, dampening investment. a genie you could not put back in the bottle. guest: i think there is some basis for that. what's happened in congress, it's been dysfunctional, is that we are doing things not by steady negotiations but by super brinksmanship. that's what happened in the debt ceiling fight last august. that's what happened in the budget debate in december of 2011. when we went right up to the midnight hour to determine whether we were going to keep the lights on in government
on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting spent on other projects rather than going in the trust fund and being preserved. we didn't really have a surplus. we were spending social security and medicare revenues to create a surplus. but we did have some better years then. then we go into the bush years. this is important. 9/11 changed the way this country deals with national security. a lot of programs going on much to my surprise, mr. speaker, you remember, we create add brand new federal department with the republican house, republican senate, and republican president. we created a brand new entitlement program, me
bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting...
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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both want to have complete makeovers. you know -- marco rubio doesn't want to
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that...
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secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by bashar assad's aircraft. we urge the president of the united states to make whatever military preparations are necessary. >> joining me now, joel ruben. thank you for joining me. have they already crossed the red line that the president put out for intervention? should the u.s. intervene, as senator mccain is asking for? >> the situation in syria is something we've never seen before. we have a country collapsing and this country has significant weapons of mass destruction. syria has not signed a chemical weapons convention. they have not, however, moved to use thes
secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by...
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. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her if she ran but what chatter are you hearing around the white house about that? >> reporter: democratic sources tell me the secretary of state just hasn't decided yet. she's still in the process of mulling over this decision. having said that, they also tell me that the political operation is doing what they need to do to preserve the right to run if that's what she decides to do in 2016. that's playing out behind the scenes. publicly we've seen this unfold for quite some time. her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for presid
. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her...
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host: what do you think about hillary clinton's future, hillary clinton in 2016? >> i think hillary clinton is the next logical step in a progressive society in america that we need. my grandfather was a democrat in delaware, he served two terms and i think -- i think she's what we really need. and i think that's what we need for the country to move ahead. host: steven an independent in connecticut. good morning to you. caller: good morning, thanks for taking my call. i really like hillary clinton, i think she's a hard worker, i think her old man is a hard worker too and whitewater was like three wars ago. it's a long time ago. but i'd like to see jeb bush also run against hillary clinton. i think those are two no nonsense personalities that can move our nation forward. thanks. host: so hey, steven, if jeb bush, if it's a bush-clinton race, for whom would you vote? caller: oh, gosh. i would lean toward jeb at this point because he has been really pushing education and education is one of my things. so right now he's got me. host: that's stephen, independent. who d
host: what do you think about hillary clinton's future, hillary clinton in 2016? >> i think hillary clinton is the next logical step in a progressive society in america that we need. my grandfather was a democrat in delaware, he served two terms and i think -- i think she's what we really need. and i think that's what we need for the country to move ahead. host: steven an independent in connecticut. good morning to you. caller: good morning, thanks for taking my call. i really like...
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. >>> if the 2016 presidential election were held today, secretary of state hillary clinton would be a shoo-in. according to a new "washington post"/abc news poll 57% would support clinton to succeed president obama. 37% would not. ted nugent weighs in on the fiscal cliff fiasco something he said we drove off a long time ago. he writes in "the washington times" social security, medicaid and medicare spending needs to be slaughtered and let's stop the insanity of the right to vote of any american on welfare. once they get off well taer and are self-sustaining they get their right restored. no american on welfare should have the right to vote for tax increases on those americans working and paying taxes to support them. >>> and "the daily show's" jon stewart says maybe we should go off the fiscal cliff. >> back and forth of offers. it's pretty clear the republicans aren't going to come to the table with anything reasonable. i'll be the one to say it, i know it will be disastrous and doom our economy for years to come, let's go over the [ bleep ] cliff. fine. just leave the negotiating
. >>> if the 2016 presidential election were held today, secretary of state hillary clinton would be a shoo-in. according to a new "washington post"/abc news poll 57% would support clinton to succeed president obama. 37% would not. ted nugent weighs in on the fiscal cliff fiasco something he said we drove off a long time ago. he writes in "the washington times" social security, medicaid and medicare spending needs to be slaughtered and let's stop the insanity of the...
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. -- an issue fairly soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear h
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue...